Oil Dependency and American Vulnerability
A persuasive essay on how the oil dependency of the United States is compromising her economic stability and national security.
# 116895 | 2,786 words | 12 sources | APA | 2009 |
Published on Oct 29, 2009 in Environmental Studies (Economics and Policy) , Political Science (U.S.) , Economics (National)
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The paper explains why oil shortages and price hikes in oil result in recessions or depressions in the American economy and why, as the U.S. continues its dependence on oil, she becomes more in debt, weaker in the global market and more susceptible to rising oil prices. The paper therefore contends that the U.S. is contributing to its own demise by encouraging economic instability and a growing trade deficit that is threatening its security. The paper discusses in detail the green solution to energy and how it will not only stabilize the economy and boost it with future jobs, but will also protect the nation's security.
From the Paper:"To understand the real dependency on oil for each American, Americans need to understand how the financial welfare and the national security of the United States is dependent on oil and oil prices. Although Americans could consider the current crisis in climate change as a reason to cut down on their consumption of oil, the most prominent reason to rid themselves from their dependency on oil has to do with the economic stability and the national security of the United States. Because of their dependency on oil, Americans will continue to experience inflation at an accelerating rate, an increase in their trade deficit, and an a weakening in the value of the dollar. The fact that oil is a finite resource derived in the dangerous region of the Middle East that continues to raise the price of gasoline, heating, and other energy commodities, makes that Americans will need to change their life styles permanently."
Sample of Sources Used:
- Clinton, W. J. (2008). Forward. ). Apollo's fire: Igniting America's clean energy economy. Washington D.C.: Island Press.
- Goolsbee, A. (2007, January 4). A country less dependent on oil is free to make otherNew Year's resolutions. New York Times, p.B1.
- Hendricks, B., & Inslee, J. (2008). Apollo's fire: Igniting America's clean energy economy. Washington D.C.: Island Press.
- Dam, K. W., & Schultz, G. P. (1998). Economic policy beyond the headlines. Chicago: University of Chicago Press.
- Dorgan, B.L. (2006). Take this job and ship it: How corporate greed and brain-dead politics are selling out America. New York: Macmillan.
Cite this Persuasive Essay:
Oil Dependency and American Vulnerability (2009, October 29) Retrieved July 14, 2020, from https://www.academon.com/persuasive-essay/oil-dependency-and-american-vulnerability-116895/
"Oil Dependency and American Vulnerability" 29 October 2009. Web. 14 July. 2020. <https://www.academon.com/persuasive-essay/oil-dependency-and-american-vulnerability-116895/>